Townhouse Rental Rehab

[Anil Samuel]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $52,000
Cash invested: $30,000

Purchase from a wholesaler, Rehabbed a townhouse, putting on market now as a rental.

What made you interested in investing in this type of deal?

Good area and rent potential

How did you find this deal and how did you negotiate it?

Wholesaler

How did you finance this deal?

Private Lender

How did you add value to the deal?

Fix up roof, kitchen, deck, fence, minor eletric

What was the outcome?

Like New rental

Lessons learned? Challenges?

Dont find the cheapest contractors

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Not yet.